• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

TAF paid over 500K to the Law Firm trying to destroy Shane Lanham

Status
Not open for further replies.
taf has been caught with their hand in the cookie jar...deny deny deny :rof: :rof: :rof:
 
The above and more is Lanham's problem. Just because he "didn't do it" doesn't make him a racist though. Just sloppy. Wrong house, wrong time to be sloppy....which could be, if the lawyers can spin it to win it, construed as biased.

The Narrative is definitely on the couple's side.

surfer dude...the only issue with the report was...he didn't hit the dang number :rof: :rof: :rof:
 
Kept kicking me out. I'm not subscriber to that newspaper.
I need to know all the facts and current situation to assess what's actually happening.
 
Kept kicking me out. I'm not subscriber to that newspaper.
I need to know all the facts and current situation to assess what's actually happening.
 
Thanks for background story.

This differential between the appraisals, and the fact that Lanham came in under $75,000 compared to their loanDepot’s loan officer’s conservative estimate, form the basis of Connolly and Mott’s claim against Lanham. Their lawsuit describes Lanham as “indifferent,” “aloof,” never smiling or making eye contact and, more importantly, a racist because of how he selected his comps and completed the appraisal of their home.

What's that about? Sounds like LoanDepot distancing themselves from Shane?
 
Thanks for background story.

This differential between the appraisals, and the fact that Lanham came in under $75,000 compared to their loanDepot’s loan officer’s conservative estimate, form the basis of Connolly and Mott’s claim against Lanham. Their lawsuit describes Lanham as “indifferent,” “aloof,” never smiling or making eye contact and, more importantly, a racist because of how he selected his comps and completed the appraisal of their home.

What's that about? Sounds like LoanDepot distancing themselves from Shane?
So what is your point?
 

Fraud, Conspiracy Claims Persist Against Baker & Hostetler and Brown & Fortunato​


"Alliance followed Baker’s advice, and the fraud remained concealed. Had Baker advised Alliance to discontinue its Questionable Business Practices in the other contexts described herein, Alliance would have done so," the complaint versus Baker & Hostetler said.

October 23, 2023 at 03:33 PM

Rebutting Baker’s claim that Alliance knew its actions were illegal and would not change its business operations regardless of Baker’s counsel, the liquidating trustee asserted the complaint against the firm the following:


“Baker knew of the legal risks created by the Questionable Business Practices and, at one point, advised Alliance to do a limited self-disclosure to the inspector general of the U.S. Department of Health and Human Services. However, as described below, Baker later changed its advice and recommended Alliance not self-disclose when Baker learned that the risk of private civil litigation arising from self-disclosure was greater than the risk of government investigation.


“Alliance followed Baker’s advice, and the fraud remained concealed. Had Baker advised Alliance to discontinue its Questionable Business Practices in the other contexts described herein, Alliance would have done so,” the complaint versus Baker said.


The liquidating trustee is represented by the McKool Smith trial team of principals Kyle Lonergan, Joshua Newcomer and James Smith.



:whistle:
 
If the story is true, that an appraisal organization such as TAF, which I assumed was professional and neutral, is paying significant funds, or any funds, to an attorney to destroy the reputation of an individual appraiser, it very much is our business. As in, literally, we can all lose business income along with a professional reputation as a whole over these suits.
Fannie and Freddie have failed to challenge the higher value appraisals and accept them as credible by not challenging or questioning their credibility publicly or in committee meetings - as far as I am aware. That feeds into the narrative that there is an "appraisal bias problem" that needs further study. Do you think that has not already hurt us? It already has. And I don't mean just about not using certain words, which we can accommodate.

Leaving these suits not opposed and prone to settle will further damage everyone in the profession wrt trust and reputation. If you think banks and companies want to throw business to a profession tainted with the charge of racism, think again.

The entities, agencies, and private companies who profit from promoting alternative valuations are using this issue as leverage to claim their products will avoid the taint of racial bias, with the assumption that appraisals have that as an issue.
All I've seen, so far, is evidence that TAF paid the same law firm that is representing the plaintiffs in the suit against Shane Lanham. The post says..... "Legal Services". There has been no evidence offered regarding what legal services TAF was paying for, when the law firm was engaged for those services, whether TAF knew about the suit against Lanham at the time they chose that law firm, and no evidence that TAF is supporting the Lanham lawsuit. You got something more than an account statement showing a payment for legal services? Let's see it.
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Back
Top